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Carpark dispute included in new Fletcher provisions

Fletcher previously booked a $15m provision for Wellington Airport's $40m claim, but latest disclosures point to a higher figure.

Wellington Airport carpark was completed in October 2018.

Tim Hunter Wed, 21 Jan 2026

New costs of $55-$65 million to be booked by Fletcher Building include further provisioning for Wellington Airport car park, whose disputed remediation costs are subject to arbitration hearings this year.

The further provisioning was disclosed on Monday as Fletcher announced the $315.6m sale of its

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Tim Hunter Wed, 21 Jan 2026
Contact the Writer: thunter@nbr.co.nz
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Carpark dispute included in new Fletcher provisions
Investment,
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